Home › NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo - report
 

Keywords :   


NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo - report

2020-09-29 09:28:00| Telecompaper Headlines

(Telecompaper) Japanese operator Nippon Telegraph and Telephone (NTT) plans to take its mobile business NTT Docomo private, according to multiple media reports. The deal is worth around JPY 4.25 trillion (approximately USD 40 billion). NTT will launch a tender offer for the 34 percent stake in NTT Docomo that it does not already own, at JPY 3,900 per share. 

Tags: report offer mobile unit

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Trump threatens tariffs on countries selling oil to Cuba
30.01Venezuelan MPs approve bill to open up oil sector to private firms
30.01Visit the North Sea oil field used to store greenhouse gas
30.01Why the US dollar hit a four-year low and could fall further
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
More »